KFC, Pizza Hut operators Devyani & Sapphire Foods merger in focus: All you need to know about the deal
Two franchise operators, Devyani International and Sapphire Foods, have announced a merger in a share-swap deal, creating one of the largest and most diversified quick service restaurant (QSR) platforms in India. In an exchange filing on Thursday evening, the Board of Directors of Devyani International and Sapphire Foods India, at their respective meetings, approved a…